The Best Bitcoin Casinos in 2021
The use of digital currency has increased the world over. One of the most common places where this cryptocurrency is used is for online gaming or gambling. Many casinos out there accept Bitcoin transactions for placing bets or for withdrawing the winning money. These types of casinos are called Bitcoin casino.
Types of Bitcoin Casinos
Cryptocurrencies like Bitcoins are based on Blockchain technology. The transactions using this payment option are recorded and stored as blocks and it will be difficult for hackers to steal Bitcoins from the users. So, one can play with more confidence when they are using cryptocurrency for gambling. Some casinos use only Bitcoins for the transactions and the other casinos allow transactions of Bitcoins along with other traditional currencies.
Bitcoins for Casino Games
There are many games offered by online casinos where you use this currency to place stakes. These casinos come under the local laws and according to the law of the particular area, it can be illegal or legal to play using this digital currency at a particular online casino. Players visiting online casinos can opt for sports games betting, casino games betting, online gambling, or for online lotteries to use the digital currency.
Best Bitcoin Casino Sites
You can come across many gambling websites that accept Bitcoins as a payment option. A few only accept cryptocurrency as the payment option. Some of the popular sites that offer you the option to deposit and withdraw using cryptocurrencies are:
How to Choose the Best Bitcoin Casino?
There are different ways to enjoy casino games and gambling for the present-day players. However, there are risks regarding making money deposits and withdrawing money from online casino accounts. Though cryptocurrency is a safe option, it is necessary to select reliable casinos to enjoy gambling using Bitcoin. Follow the guidelines given here while selecting the casino.
- Go through the deposit and withdrawal methods offered by the casino to ensure that they accept Bitcoins.
- Casinos accepting Bitcoins alone may not be licensed and regulated by authorities. Hence it will be better to select casinos that offer different payment options including Bitcoin for security reasons.
- Check how long the casino has been offering the Bitcoin payment option. This will tell you about the reliability of the casino.
- Make sure the site offers promotions and bonuses also in Bitcoins.
- Look for well-established casinos with a satisfactory customer support system to solve any problem you may face while playing at the casino.
- Read reviews written by gamers about the casino to understand the positives and negatives about the casino.
Advantages of Bitcoin Gambling
Some of the main advantages of gambling using Bitcoins are as follows,
Most Secure Method of the Transaction
As there is no need to furnish your personal data and hence no chances of identity theft or data stealing.
Privacy for the Player
It is not possible to find out who purchased or who received it, as the Bitcoin wallets do not contain any personal information.
Transactions are Transparent
It is possible for any person to see the addresses of the wallet and the balances in the account through the public ledger. It makes staling cryptocurrency difficult.
It is possible to make transactions from any part of the world to any location instantaneously.
Transactions Are Not Taxable
Digital currencies are not controlled by any government or other regulating authority hence no need to worry about taxes.
Transaction fees are nil or very low-Bitcoin transactions are done without mediators, and hence no charges are applicable, but the conversion of digital currency to regular or fiat currency may require very low fees.
Most of the casinos accepting Bitcoin offer bonus rewards and promotions for Bitcoin users better than the traditional casinos. The value of Bitcoin is very high. Getting 1BTC as a reward can give the player a lot of money.
Bitcoins Casino Checklist
Here is the checklist for playing at casinos with Bitcoins:
- License to Operate
Even though the license is not necessary to operate an online casino, having a license gives the assurance that they are operating legally and your personal information will be safe.
Casinos operating from some countries may have restrictions on accepting players from certain countries or locations. Make sure that you can sign in as a player and play with real money from your location.
- Check the History
Checking the history of the casino for their credibility saves you time and money. There are rogue casinos that need to be avoided. Check with websites that offer a review of these Bitcoin-accepting casinos.
- Security Measures
There are hackers who try to steal data from online casinos and money from the users. You should go for casinos with proper data encryption and other data protection measures.
- Software Provider
There should be a good collection of your favorite type of casino games at the site. Choosing casinos offering tiles from the best software providers in the industry is very important.
- Easy Customer Support
As a player, you can face difficulties while playing and you may need instant assistance. So, select sites with easy customer care options like chat, e-mail, or phone support 24/7.